The cash balance of Emirates Group at the end of March this year increased by 43.3% compared with 2008 and amounted to 12.5 billion dirhams (US $ 3.4 billion).
Emirates Airline’s gross revenue over the past year also remained stable at AED 43.5 billion (US $ 11.8 billion), while earnings increased by 416% compared to fiscal 2008-2009 and amounted to 3.5 billion Dirhams (US $ 964 million). Despite the expansion of capacity by 16.9% during 2009-2010. to 28 526 tkm, Emirates' total operating costs were down 2.7% from the previous year.
Last year, the airline fleet increased. In particular, Emirates received four passenger Airbus A380, ten passenger Boeing 777-300ER and one cargo Boeing 777. Thus, currently Emirates Airline owns 142 aircraft. In addition, Emirates has launched three new destinations: Dubai - Durban, Durban - Luanda and Dubai - Tokyo.
Emirates Group - Emirates SkyCargo's freight operations increased by 12.2% to 1.6 million tons. Income from freight traffic amounted to 6.3 billion dirhams (US $ 1.7 billion), which is 8.1% less than in 2008.
For the DNATA air services company, the past year has become one of the most difficult, but also the most profitable in its 50-year history. Its profit increased by 20.9%, which is equivalent to 613 million dirhams (US $ 167 million). Along with this, DNATA operating expenses decreased by 4.2% to 113 million dirhams (US $ 31 million).
